CALGARY, AB, March 16, 2023 /CNW/ – CanAsia Energy Corp. (“CanAsia” or the “Company”) (TSXV: CEC) reports 2022 year-end and fourth quarter consolidated financial and operating results. 

The Company is today filing its audited consolidated financial statements as at and for the three months ended December 31, 2022 and the period from May 27, 2022 (date of incorporation) to December 31, 2022 and related management’s discussion and analysis with Canadian securities regulatory authorities.  Copies of these documents may be obtained online at www.sedar.com or the Company’s website, www.canasiacorp.com.

Commenting today on CanAsia’s 2022 fourth quarter results, President and … Continue Reading

CALGARY, AB, Feb. 27, 2023 /CNW/ – CanAsia Energy Corp. (TSXV: CEC), on behalf of its 88.2% owned subsidiary Andora Energy Corporation (“Andora”), is pleased to release the December 31, 2022 Contingent Bitumen Resources Report (“Resources Report”) which is a National Instrument 51-101 compliant resources evaluation for Andora’s oil sands interests at Sawn Lake Alberta, Canada, as evaluated by independent qualified reserves evaluator Sproule Associates Limited (“Sproule”).  The evaluation included all of Andora’s Oil Sands Leases at Sawn Lake based on exploitation using Steam Assisted Gravity Drainage (“SAGD”). 

Please note that unless otherwise stated, amounts are in Canadian dollars … Continue Reading

CALGARY, AB, Nov. 22, 2022 /CNW/ – CanAsia Energy Corp. (“CanAsia”) (TSXV: CEC) announced today that it granted options to directors, officers, an employee and a consultant to purchase an aggregate of 1,675,000 common shares under CanAsia’s equity incentive plan.  Each option has an exercise price of $0.23 (being the November 21, 2022 closing price of the shares on the TSX Venture Exchange), vests as to one-third on the grant date and one-third on each of the first and second anniversaries of the grant date and expires on November 22, 2027.  Options to purchase 1,675,000 common shares are … Continue Reading

CALGARY, AB, Nov. 21, 2022 /CNW/ – CanAsia Energy Corp. (“CanAsia”) (TSXV: CEC) announced today that on November 18, 2022 CanAsia elected to convert the outstanding loan balance and accrued interest of the Second Credit Facility with Andora Energy Corporation (“Andora”) into common shares of Andora.  Pursuant to the Second Credit Facility with Andora dated November 10, 2020, and as amended August 31, 2021 to increase the maximum amount, CanAsia had the option to convert outstanding amounts at a conversion price of $0.01 per Andora common share.  Further information on Convertible Credit Facilities with Andora is contained in … Continue Reading

CALGARY, AB, Nov. 10, 2022 /CNW/ – CanAsia Energy Corp. (“CanAsia” or the “Company”) (TSXV: CEC) reports 2022 third quarter consolidated financial and operating results. 

The Company is today filing its unaudited consolidated financial statements as at and for the three months ended September 30, 2022 and the period from May 27, 2022 (date of incorporation) to September 30, 2022 and related management’s discussion and analysis with Canadian securities regulatory authorities.  Copies of these documents may be obtained online at www.sedar.com or the Company’s website, www.canasiacorp.com.

Commenting today on CanAsia’s 2022 third quarter results, President and CEO Jeff … Continue Reading

CALGARY, AB, Aug. 25, 2022 /CNW/ – CanAsia Energy Corp. (“CanAsia“) is pleased to announce commencement of operations. CanAsia is the result of an arrangement under the Business Corporations Act (Alberta) (the “Arrangement“) initiated by Pan Orient Energy Corp. (“Pan Orient“).

CanAsia was incorporated by Pan Orient for the purpose of the Arrangement and now owns the non-Thailand business formerly owned by Pan Orient. The former shareholders of Pan Orient are now the shareholders of CanAsia. The common shares of CanAsia have been conditionally accepted for listing on the TSX Venture Exchange (“TSXV“).

The Arrangement became … Continue Reading